Chinese People Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Chinese People Holdings has a total shareholder equity of CN¥2.7B and total debt of CN¥81.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥3.4B and CN¥634.6M respectively. Chinese People Holdings's EBIT is CN¥56.4M making its interest coverage ratio -19.1. It has cash and short-term investments of CN¥621.1M.
Key information
3.0%
Debt to equity ratio
CN¥81.78m
Debt
Interest coverage ratio | -19.1x |
Cash | CN¥621.10m |
Equity | CN¥2.72b |
Total liabilities | CN¥634.55m |
Total assets | CN¥3.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEH's short term assets (CN¥897.8M) exceed its short term liabilities (CN¥600.5M).
Long Term Liabilities: KEH's short term assets (CN¥897.8M) exceed its long term liabilities (CN¥34.1M).
Debt to Equity History and Analysis
Debt Level: KEH has more cash than its total debt.
Reducing Debt: KEH's debt to equity ratio has reduced from 7.1% to 3% over the past 5 years.
Debt Coverage: KEH's debt is well covered by operating cash flow (151.5%).
Interest Coverage: KEH earns more interest than it pays, so coverage of interest payments is not a concern.